Montana at a Glance
ECONOMIC INDICATORS
(Change from year ago, unless noted)
|
Employment Growth Rates
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
-0.5%
|
0.2%
|
2.3%
|
0.4%
|
2.3%
|
Manufacturing (4%)
|
-5.2%
|
-2.4%
|
0.2%
|
-2.4%
|
1.2%
|
Other (non-manufacturing) Goods-Producing (9%)
|
-7.9%
|
-6.6%
|
3.2%
|
-6.2%
|
5.9%
|
Private Service-Producing (67%)
|
0.3%
|
1.0%
|
2.9%
|
1.3%
|
2.8%
|
Government (20%)
|
1.1%
|
1.5%
|
0.5%
|
0.8%
|
-0.6%
|
Unemployment Rate (% of labor force)
|
4.9%
|
4.6%
|
3.7%
|
4.5%
|
3.4%
|
|
|
|
|
|
|
Other Indicators
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Single-Family Home Permits
|
-52.9%
|
-27.3%
|
-2.1%
|
-37.9%
|
-6.6%
|
Multifamily Building Permits
|
-73.3%
|
-34.8%
|
-29.4%
|
-59.0%
|
-8.9%
|
Home Price Index
|
0.4%
|
0.8%
|
6.5%
|
2.6%
|
8.3%
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
1.81
|
2.14
|
1.56
|
1.94
|
1.90
|
|
|
|
|
|
|
BANKING TRENDS
|
General Information
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Institutions (#)
|
77
|
77
|
79
|
77
|
79
|
Total Assets (in millions)
|
19,108
|
18,693
|
17,592
|
19,108
|
17,592
|
New Institutions (# < 3 years)
|
4
|
4
|
6
|
4
|
6
|
Subchapter S Institutions
|
29
|
29
|
29
|
29
|
29
|
|
|
|
|
|
|
Asset Quality
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
3.24
|
2.27
|
2.25
|
3.24
|
2.25
|
ALLL/Total Loans (median %)
|
1.50
|
1.43
|
1.29
|
1.50
|
1.29
|
ALLL/Noncurrent Loans (median multiple)
|
1.10
|
1.32
|
1.80
|
1.10
|
1.80
|
Net Loan Losses / Total Loans (median %)
|
0.16
|
0.03
|
0.03
|
0.11
|
0.05
|
|
|
|
|
|
|
Capital / Earnings
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Tier 1 Leverage (median %)
|
9.79
|
10.11
|
10.12
|
9.79
|
10.12
|
Return on Assets (median %)
|
0.88
|
1.23
|
1.24
|
1.16
|
1.35
|
Pretax Return on Assets (median %)
|
1.11
|
1.60
|
1.68
|
1.59
|
2.01
|
Net Interest Margin (median %)
|
4.43
|
4.74
|
4.91
|
4.63
|
4.86
|
Yield on Earning Assets (median %)
|
6.48
|
7.00
|
7.77
|
6.93
|
7.66
|
Cost of Funding Earning Assets (median %)
|
1.93
|
2.08
|
2.77
|
2.16
|
2.76
|
Provisions to Avg. Assets (median %)
|
0.39
|
0.15
|
0.12
|
0.20
|
0.13
|
Noninterest Income to Avg. Assets (median %)
|
0.57
|
0.61
|
0.63
|
0.66
|
0.61
|
Overhead to Avg. Assets (median %)
|
3.11
|
3.03
|
3.13
|
3.09
|
3.12
|
|
|
|
|
|
|
Liquidity / Sensitivity
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Loans to Assets (median %)
|
70.3
|
72.7
|
70.2
|
70.3
|
70.2
|
Noncore Funding to Assets (median %)
|
19.7
|
20.0
|
17.4
|
19.7
|
17.4
|
Long-term Assets to Assets (median %, call filers)
|
14.2
|
15.2
|
11.9
|
14.2
|
11.9
|
Brokered Deposits (number of institutions)
|
25
|
25
|
22
|
25
|
22
|
Brokered Deposits to Assets (median % for those above)
|
3.5
|
5.7
|
4.7
|
3.5
|
4.7
|
|
|
|
|
|
|
Loan Concentrations (median % of Tier 1 Capital)
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Commercial and Industrial
|
95.6
|
101.4
|
102.7
|
95.6
|
102.7
|
Commercial Real Estate
|
250.9
|
252.2
|
237.1
|
250.9
|
237.1
|
Construction & Development
|
73.3
|
69.9
|
71.2
|
73.3
|
71.2
|
Multifamily Residential Real Estate
|
3.3
|
3.3
|
2.0
|
3.3
|
2.0
|
Nonresidential Real Estate
|
131.9
|
129.5
|
137.5
|
131.9
|
137.5
|
Residential Real Estate
|
117.1
|
122.2
|
101.8
|
117.1
|
101.8
|
Consumer
|
38.5
|
40.8
|
40.5
|
38.5
|
40.5
|
Agriculture
|
79.0
|
86.9
|
84.6
|
79.0
|
84.6
|
|
|
|
|
|
|
BANKING PROFILE
|